NASDAQ:FAAR - First Trust Alternative Absolute Return Strategy ETF Stock Price, News, & Analysis

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$26.78 +0.02 (+0.07 %)
(As of 05/26/2019 02:25 PM ET)
Previous Close$26.7850
Today's Range$26.7341 - $26.7896
52-Week Range$26.33 - $31.50
Volume5,941 shs
Average Volume17,277 shs
Market Capitalization$41.52 million
P/E RatioN/A
Dividend Yield0.53%
BetaN/A

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Basic Details

Issuer First Trust
Fund NameFirst Trust Alternative Absolute Return Strategy ETF
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:FAAR
Inception Date5/18/2016
Fund ManagerJohn Gambla, Rob A. Guttschow, Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin
WebN/A
PhoneN/A

Fund Focus

Asset ClassCommodities
BenchmarkNot Applicable
CategoryAbsolute Returns
FocusLong/Short
Development LevelBlended Development
RegionGlobal

Fund Statistics

Assets Under Management$41.48 million
Average Daily Volume$11,137.20
Discount/Premium0.03%

ETF Expenses

Management Fee0.95%
Other Expenses0.00%
Total Expenses0.95%
Fee Waiver0.00%
Net Expenses0.95%

Administrator, Advisor and Custodian

AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Transfer AgentBrown Brothers Harriman & Co.
Trustee
Lead Market MakerJane Street

Geographic Exposure of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)
Currency Exposure of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Frequently Asked Questions

What is First Trust Alternative Absolute Return Strategy ETF's stock symbol?

First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR."

How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF announced a quarterly dividend on Tuesday, December 18th. Investors of record on Wednesday, December 19th will be paid a dividend of $0.1407 per share on Monday, December 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date is Tuesday, December 18th. This is a boost from First Trust Alternative Absolute Return Strategy ETF's previous quarterly dividend of $0.01. View First Trust Alternative Absolute Return Strategy ETF's Dividend History.

Has First Trust Alternative Absolute Return Strategy ETF been receiving favorable news coverage?

News articles about FAAR stock have trended negative this week, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First Trust Alternative Absolute Return Strategy ETF earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the company's share price in the immediate future.

What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include WidePoint (WYY), Pacira Biosciences (PCRX), IDEXX Laboratories (IDXX), Fox Factory (FOXF), FOX (FOX), Five9 (FIVN), Electronic Arts (EA), Cognizant Technology Solutions (CTSH), Bankwell Financial Group (BWFG) and Workspace Group (WKP).

Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?

First Trust Alternative Absolute Return Strategy ETF's stock is owned by many different of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (8.64%), Reliance Trust Co. of Delaware (2.98%), Jane Street Group LLC (2.12%), RFG Advisory LLC (2.07%), Cetera Advisor Networks LLC (1.47%) and Strategic Wealth Advisors Group LLC (1.27%).

Which major investors are selling First Trust Alternative Absolute Return Strategy ETF stock?

FAAR stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC and First Allied Advisory Services Inc..

Which major investors are buying First Trust Alternative Absolute Return Strategy ETF stock?

FAAR stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Cetera Advisor Networks LLC, VisionPoint Advisory Group LLC, Ladenburg Thalmann Financial Services Inc., RFG Advisory LLC, Financial Advocates Investment Management, Reliance Trust Co. of Delaware and Premia Global Advisors LLC.

How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?

Shares of FAAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is First Trust Alternative Absolute Return Strategy ETF's stock price today?

One share of FAAR stock can currently be purchased for approximately $26.7850.

How big of a company is First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF has a market capitalization of $41.52 million.


MarketBeat Community Rating for First Trust Alternative Absolute Return Strategy ETF (NASDAQ FAAR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  73 (Vote Outperform)
Underperform Votes:  67 (Vote Underperform)
Total Votes:  140
MarketBeat's community ratings are surveys of what our community members think about First Trust Alternative Absolute Return Strategy ETF and other stocks. Vote "Outperform" if you believe FAAR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FAAR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/26/2019 by MarketBeat.com Staff

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